The wealth tax proposed by Sen. Elizabeth Warren (D-Mass.) has been promised that it will allow the country to afford everything it has been told it cannot afford, including universal childcare, free community college, paid family leave, and housing. However, this proposal raises serious doubts about its ability to provide these resources without taxation. Warren's proposal includes a 2% annual tax on wealth above $50 million and an additional 1% above $1 billion. This is a tax on accumulated capital already used in business, innovation, and job creation. The math suggests that even if the federal government takes 100 percent of all U.S. billionaires' wealth ($6.8 trillion), it would only cover about 18 percent of the national debt. The author suggests that policies that reduce investment do not redistribute opportunity but reduce the total supply of it. The article also notes that a wealth tax can lead to capital flight, which led to high-profile figures such as Google co-founders Larry Page and Sergey Brin, Peter Thiel, and Steven Spielberg to relocate or relocate assets and residency abroad.